ESCORTING YOUR CASH
Manage full internal inventory including purchasing and stocking that are fully integrated with ledger accounts and gain visibility of maintenance cost on each vehicle. Make necessary business decisions on spares purchase, inventory carrying costs, selection of vendor, selling of vehicle etc. and help your business to grow to the next level.
or quickly get a few hundreds you need to pay off a waiting taxi. Ever wondered the thought and routine that goes into getting these cash vans out there and be trusted to deliver the huge amount of money they transportliterally while going ATM hopping. Cash van sourcing to driver verification to gunman/gun detailing all come under its purview and none of these can be compromised given the increasing number of cash van thefts in the recent time.
PAIN POINTS
- Schedule/Route adherence lapse
- Emergency intimation and handling.
- Lack of visibility of field activity
- Vehicle maintenance records
- Cash collection and ATM loading information
- Lack of clarity on security of cash post vault clear out.
- Inadequate information of vehicle movement in real time.
SALIENT FEATURES
- ATM Cash Replenishment
- Retail Cash Collection
- Visibility on Cash in Transit
- Cash Escort Services
- Cash Processing and Sorting
- Route demarcation guidance
- Safety functionalities
- Bullion management
- Vehicle maintenance and management
DYNAMIC ALERT MECHANISM – SMS/EMAIL BASED
A sensitive vertical like cash transportation highly depends on the intelligence of the alerting mechanism. Some of the useful alerts available are :
- Route deviation
- Excessive stoppage
- Schedule deviation
- Vehicle moving for more than 3 hours
- Distress/Panic
- Vehicle not visiting vault before parking
EMERGENCY SITUATIONS HANDLING
- EAM functionalities
- Activation of a loud siren to seek nearby help
- Distress location information on platform
- All vehicles will be equipped with Emergency Alert Mechanisms to trigger panic alerts
- Remote vehicle immobilization using immobilizers
- Immediate alert SMS to pre-defined mobile numbers
- Useful to seek immediate help in cases of attempted robbery
- Immobilization will prevent vehicle from starting and hence prevents unauthorized movement
RETAIL CASH COLLECTION HANDLING
- Retail Cash collection devices will be used for monitoring retail cash collection activity
- GPS enabled
- GPRS based data transmission
- Fully integrated with CVOMS
- Real-time update of retail cash collected
- Collected amount along with the location of collection gets updated immediately
- Instant receipt generation
REAL-TIME CASH MOVEMENT VISIBILITY
- Route adherence
- History analysis
- Stoppage points and time information
- Schedule adherence
- POI based intelligence
- Real-time vehicle movement information
- Exception monitoring
- Vehicle-wise cash visibility through ERP interfacing
CHALENGES IN CASH TRANSPORTATION
- Addressing the safety and security of cash
- Management of ATM cash dispensing
- Maintenance management of vehicles
- Visibility of cash movement in real-time
- Retail cash collection and management
- Route adherence
- Bringing visibility of field activity within the ERP technology framework
- Emergency situation handling
